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Showing 11251 - 11260 of 22816 results for "Funds"

ASIC changes market rules for Chi-X ETFs

ALEX BURKE  |  FRIDAY, 30 OCT 2015
ASIC has published changes to its market integrity rules for exchange-traded funds admitted to Chi-X Australia. Chi-X intends to launch its ETF market in Australia in 2016, following a consultation paper released in February 2015. ASIC said it "consulted ...

Managed accounts usage to grow 38%

LAURA MILLAN  |  FRIDAY, 30 OCT 2015
... the coming months. This lifts the number of licensees using it by 38%. A further three licensees with over $400 million in funds under advice have stopped using institutionally-owned wrap platforms to implement the MDA Service during the September quarter. ...

HESTA chief advocates better tax reform

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
... equitable super system for all working Australians. Blakey said HESTA's submission to the inquiry would also reaffirm the Funds' long-held advocacy for the removal of the $450 monthly super threshold for employer super guarantee (SG) contributions. "Women ...

ANZ private wealth sees digital growth

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
... of a continued approach to "customer focused investment solutions." Releasing its 2015 full year results today, ANZ said funds under management (FUM) increased in private wealth by 22%. ANZ Smart Choice Super FUM is now more than $4.3 billion and ANZ ...

MLC insurance sale to cost NAB $1.5bn

LAURA MILLAN  |  THURSDAY, 29 OCT 2015
... platform for the insurance business and extracting and simplifying the superannuation business, which includes eight super funds and three administrators. MLC's current life insurance business includes $1.8 billion of premiums in force and approximately ...

Global strategy drives BTIM results

LAURA MILLAN  |  THURSDAY, 29 OCT 2015
BT Investment Management reported a record result for the year to 30 September 2015, with the manager's US equity funds attracting strong inflows. BTIM confirmed a cash net profit after tax (NPAT) of $132.5 million for the year, and a statutory NPAT ...

Labor questions APRA independence

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
... community." Super fund returns have become a lively debate in the midst of board governance proposals that would see super funds have one-third independent directors. Rowell said APRA's view is "the breadth of skills and the quality of challenge that ...

December lift-off, yeah, sure

BENJAMIN ONG  |  THURSDAY, 29 OCT 2015
... in the 5bps rise in the 10-year US Treasury bond yield to 2.09% last night. It's for all to see in the spike in the fed funds futures indicating odds for a December lift-off now at 46% from 37% before the Fed released its statement. This because, according ...

Lonsec Research appoints new CEO

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
... research insights," Gillespie said. "His established network of relationships with fund managers, financial advisers and super funds also makes him well suited for the role." Gillespie said Lonsec has launched a number of new initiatives this year including ...

Future Fund's morphing objective

ALEX DUNNIN  |  WEDNESDAY, 28 OCT 2015
... group growing to $130 billion in FUM, $118 billion from the Future Fund and $12 billion from five other "nation building" funds. It ranks only second in Australian sourced FUM behind State Street Global Advisors which has $140 billion. This subtle expansion ...